Aimco's Annual Golf Event Raises $530,000 for Military and Educational Causes

DENVER, Aug. 27, 2014 /PRNewswire/ -- The 11^th  annual Aimco Cares Golf Classic sponsored by Apartment Investment and Management Company (Aimco), and presented by RE/MAX, raised $530,000 to benefit family members who have lost a loved one in the line of duty, military personnel returning from overseas, and college-bound students living in affordable housing. The tournament was held on July 10^th at the Sanctuary Golf Course in Sedalia, Colorado. 

More than 120 golfers participated in this year's tournament with 75 companies providing sponsorships. The Diamond Sponsors, contributing at least $30,000, were Jones Lang LaSalle, Institutional Property Advisors (IPA), and RentPath.  The Platinum Sponsors, contributing at least $20,000, were Apartment Finder and Harris Winick.  The Gold Sponsors, contributing at least $10,000, were ARA, Ballard Spahr LLP, CBRE, Cognizant, Cohn Reznick, Conservice, Colliers, Cushman & Wakefield,  GE Appliances, Karndean Design Flooring, Kutak Rock LLP, Lockton, Moen, Moran & Company, NSI Environmental, Realpage, Sherwin Williams, Transwestern, Tricorp Hearn Construction, Tryba Architects, Walchle-Lear, Wells Fargo, and Wilmar. 

"We are so pleased that since the inception of this tournament 11 years ago, we have been able to raise more than $3 million dollars for outstanding nonprofit organizations.  This tremendous success is due to the generous and unwavering support from our valued business partners and sponsors nationwide," said Miles Cortez, Aimco's Chief Administrative Officer.  "Our beneficiaries align with Aimco's corporate citizenship goals of helping military personnel and their families, and promoting access to educational opportunities.  We are thrilled to be supporting top-notch organizations that truly make a difference in the lives of military families and students across the country."

Founded in 1994, TAPS is the front-line resource for military families grieving the loss of a loved one who made the ultimate sacrifice while serving our country.  TAPS provides 24/7 comfort and care through a national network of peer-based emotional support, case work assistance, crisis intervention, and grief and trauma resources. Over the last six years, TAPS has received $750,000 in contributions from the Aimco Cares Charity Golf Classic.

Project Sanctuary helps military families reconnect after returning from overseas duty.  Families participate in therapeutic retreats in Colorado's Rocky Mountains, and receive Project Sanctuary's assistance with housing, job placement and veterans' benefits. Proceeds from the Aimco Cares golf tournament have enabled Project Sanctuary to offer 20 retreats to 200 families in 2014.

The Aimco Cares Opportunity Scholarship provides financial assistance to college-ready students living in affordable housing.  The scholarship, administered in partnership with the National Leased Housing Association's Education Fund, already has helped 127 students pursue their dreams of a college education.

Aimco Cares, Aimco's philanthropic arm, is celebrating its tenth anniversary this year.  To mark the occasion, each Aimco team member has been given 20 hours of paid time to apply toward community service. Nationwide, hundreds of organizations are benefiting from Aimco team member volunteerism. 

Aimco is a real estate investment trust that is focused on the ownership and management of quality apartment communities located in the largest markets in the United States. Aimco is one of the country's largest owners and operators of apartments, with 218 communities in 23 states and the District of Columbia. Aimco common shares are traded on the New York Stock Exchange under the ticker symbol AIV, and are included in the S&P 500. For more information about Aimco, please visit our website at www.aimco.com.

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SOURCE Aimco